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Open
1 Jun 2016
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Close
6 Jun 2016
3
Allotment
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Listing
Tue, Jun 14, 2016
Price Band
₹90 per share
Issue Size
44,00,000 shares (agg. up to ₹40 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Jun 14, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.55x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction of School Building at Vastralin Gujarat | 6.52 |
| 2 | General Corporate Expenses | 0.53 |
| 3 | Issue Expenses | 0.15 |
About Shanti Educational IPO
Incorporated in 2010, Shanti Educational Initiatives Ltd (SEIL) engaged in the business of providing educational support services to preschools, K-12 and premium category preschools in India. Three business units of the company are as under:Shanti Juniors: With 154 franchised preschools under the brand name of 'Shanti Juniors' spread over western, southern and northern region in India, they are rapidly growing popularity in preschool segment.Shanti Asiatic School: Under the brand name of 'Shanti Asiatic School' there are 6 K-12 schools having over approximately 3600 students.Shanti's Hopskotch: There are 5 premium category preschools to serve the niche segment which aspire for premium quality education, ambience and learning environment for children under the brand name of 'Shanti's Hopskotch'.Company is headquartered in Ahmedabad, Gujrat. Apart from Gujarat Company's presence is also concentrated in the states of Rajasthan, Bihar, Maharashtra, Karnataka, and Tamil Nadu.+ Read More
Contact Details
Shanti Educational Initiatives Ltd. Address283, New Cloth MarketAhmedabad, Gujarat, 380002+91-79- 26734660/62/63Info@seil.edu.inVisit Website